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Big Data: The Key to Diversity in the Workplace

Big Data: The Key to Diversity in the Workplace

Ahu Yildirmaz, Ph.D. Vice President, ADP Research Institute

At ADP, we know that diversity fuels workplace innovation. We also have the data to tell the real story about workplace diversity. That’s why yesterday, we proudly sponsored Data Science and Data Architecture at ADP, an event hosted in conjunction with the NYC Women in Machine Learning and Data Science. Along with our principal data scientist Xiaojing Wang, I joined this community of women pursuing passions for data and machine learning for a provocative talk and engaging discussion. Big data is more than just numbers – it has the power to move the labor market and impact economic policy. Highlighting the ADP Research Institute’s Workforce Vitality Report, I chatted with the audience about how ADP is turning big data into actionable data. Our Workforce Vitality Report, a quarterly measure of wage growth based on the real payroll data of 24 million Americans paid by ADP, provides critical insights on labor market dynamics as well as benchmarks to measure human capital management for individual companies. The WVR sheds light on...

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How Can Startups and Entrepreneurs Compete in the War for Talent? With a PEO

How Can Startups and Entrepreneurs Compete in the War for Talent? With a PEO

It’s no secret that starting and running a small business is no small feat. Business owners are often pulled in what feels like a million directions — striving to ensure the business is growing, clients are happy, and that they actually get to sleep at night (or at least some nights!). But if you ask many entrepreneurs, they will tell you the one thing they never imagined would be so hard was managing their employees (even if they only have two) and providing the HR and benefits today’s top talent requires. As the workforce continues to undergo significant generational shifts and increasing competition in the war for talent, startups – by sheer nature of their size — are faced with challenges in delivering the attractive benefits that come more easily to larger organizations. As a result, working with a Professional Employer Organization (PEO) is a popular option that many entrepreneurs are considering. ADP TotalSource®, the largest PEO in the United States with more than 400,000 worksite employees, has traditionally...

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Then and Now: Evolution Comes in Waves for HR Technology

Then and Now: Evolution Comes in Waves for HR Technology

Long before cloud computing and mobile apps, HR was consistently inundated with piles of paperwork. But with the evolution of HR technology influenced by the internet, recruitment, record keeping and payroll responsibilities have become drastically simplified, efficient and accurate. Jerome Gouvernel, Vice President for ADP’s Product Incubation Group located in Innovation Labs, explains how HR technology has grown from the dawn of the internet to today and gives us a look into the future. Q: How has the evolution of HR technology changed since before the internet? A: How has it not changed? The advancement of HR technology created a fundamental shift from the purpose of transactional recording. When the ADPs and PeopleSofts [of the world] started coming out and being successful, it was really about recording transactions in a standardized manner. Which at the time was revolutionary, because there was actually no way to standardize a new hire. There was no single place where you could transmit information about a new hire. There were multiple systems or a...

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ACA Best Practices: Avoiding IRS penalties – Why Acting Now Can Save You Penalty Dollars Later

ACA Best Practices: Avoiding IRS penalties – Why Acting Now Can Save You Penalty Dollars Later

Your Forms 1095-C are likely filed and will now be used by the IRS to assess penalties for failing to comply with the Employer Shared Responsibility mandate of the ACA. That’s one MAJOR penalty opportunity scratched off the list. But before you see that assessment, there is a trigger happening now that can alert you to a potential problem: a Marketplace Notice. Early intervention is key when it comes to Marketplace Notices. The sooner you respond, the better chance you have of minimizing their impact. When you receive a Marketplace Notice, it can be concerning – and rightly so knowing they can lead to paperwork and fines depending on the health coverage offered to your full-time employees. If you understand the implications of receiving a notice, you can be ready to handle the situation in the most efficient and cost-effective way possible. But first things first: do you know what this notice is? Will your locations know it if they receive one? And what should you do with it?...

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From Hire to Retire to Compliance? ADP’s CFO on Why Compliance Has Never Been More Important

From Hire to Retire to Compliance? ADP’s CFO on Why Compliance Has Never Been More Important

If it seems like there are a lot of new regulations lately, you’re right. Last year alone, the U.S. Federal Register logged 3,378 final rules and regulations, from the IRS, FLSA and DOL. And many of these regulations impact businesses – and specifically touch at least one aspect of the “hire-to-retire” spectrum. In other words, if your job description includes payroll tax, employment verification services, wage garnishments or benefits administration, your job description should also include compliance. Despite the increasing volume of regulations and potential impact on businesses, there is still a lack of action, and in some cases, understanding, on what needs to be done to comply. Consider these stats: According to ADP research, only 25 percent of small businesses and 50 percent of midsized business are aware of new federal overtime requirements, which are currently set to go into effect on December 1, 2016 via FLSA. For ACA, the ADP Employer Confidence Report found that more than half of midsized companies (52%) and nearly half of large...

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